Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Car Polish and Car Wax Market by Type (Natural Car Polish and Car Wax, Synthetic Car Polish and Car Wax), By Application (Passenger Car, Commercial Vehicle) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Car Polish and Car Wax Market by Type (Natural Car Polish and Car Wax, Synthetic Car Polish and Car Wax), By Application (Passenger Car, Commercial Vehicle) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144791 3300 Chemical & Material 377 249 Pages 4.7 (44)
                                          

Market Overview:


The global car polish and car wax market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, coupled with the rising awareness about vehicle care and maintenance. In terms of type, natural car polish and car wax is expected to dominate the market during the forecast period, owing to its properties such as high durability, shine, and gloss. However, synthetic car polish and wax are expected to grow at a higher CAGR due to their properties such as easy application process and better protection against UV radiation. In terms of application, passenger cars are anticipated to account for a larger share of the global market during 2018-2030 owing growing demand for personal transportation across regions.


Global Car Polish and Car Wax Industry Outlook


Product Definition:


A car polish is a liquid or paste that is applied to the surface of a car's paint, clear coat, or chrome to improve its appearance. Car polishes remove blemishes and oxidation from the paint and can also add shine. A car wax is a type of polish that contains Carnauba wax, which gives cars a deep shine. Car waxes also protect the paint from UV damage and oxidation.


Natural Car Polish and Car Wax:


Natural car polish and wax are products that are made from plant based ingredients. These products have been gaining popularity among consumers as they do not contain any harmful chemicals or additives. Natural car polishes and waxes when used with the right techniques can give excellent results, however, it takes a lot of practice to get it right.


The market for natural car polish and wax is in its growth phase; therefore there is no specific data regarding market size available.


Synthetic Car Polish and Car Wax:


Synthetic car polish and car wax are products that are manufactured in order to remove scratches from vehicle surfaces. These polishes and waxes have high durability, which is around 6 months to a year with regular use. Synthetic car polish is usually cheaper than natural or organic based polishes & waxes, which makes it popular among consumers.


Application Insights:


The passenger car segment dominated the global market in 2017. The demand for the product is generally higher in developed regions such as North America and Europe than that of developing regions. This trend is likely to continue over the forecast period due to increase in automobile production across emerging economies including China, India, Brazil and Mexico which are major consumers of automotive products globally.


Passenger cars accounted for a majority share owing to their usage on a daily basis which includes going to office or school, picking up kids from playdates/schools etcetera. Usage of these products helps maintain exterior & interior appearance of vehicles while providing protection against UV rays and scratches during day-to-day driving activities thereby attracting customers towards purchasing it from established markets where supply chain is wellestablished resulting into high penetration rates globally across various geographies as compared to other applications such as trucks/light commercial vehicles (LCVs).


Regional Analysis:


North America was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region has a well-established automotive industry, which has been experiencing growth recently due to increasing demand from U.S., Mexico, and Canada. Increasing number of vehicle sales coupled with rising disposable income will drive the regional market further.


Asia Pacific is anticipated to be one of the fastest growing regions during the forecast years owing to rapid economic development in China, India, South Korea, Indonesia Japan Malaysia Philippines Thailand Vietnam among other Southeast Asian countries as well as Australia & New Zealand are expected to boost automobile production leading to an increase in demand for car polish and wax products over next eight years  The Middle East & Africa (MEA) is also likely witness significant growth on account of increasing investments by international companies such as BMW Group; Daimler AG; Volkswagen Group; Hyundai Motor Company Ltd.


Growth Factors:


  • Increasing demand for luxury cars
  • Rising disposable income of consumers
  • Technological advancements in the car care industry
  • Growing awareness about the benefits of car polish and wax among consumers
  • Proliferation of online retail channels

Scope Of The Report

Report Attributes

Report Details

Report Title

Car Polish and Car Wax Market Research Report

By Type

Natural Car Polish and Car Wax, Synthetic Car Polish and Car Wax

By Application

Passenger Car, Commercial Vehicle

By Companies

Turtle Wax, 3M, Henkel, SONAX, Northern Labs, Malco Products, Mother’s, Bullsone, Prestone, Darent Wax, Biaobang, Chief, Tetrosyl (CarPlan), SOFT99, Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Car Polish and Car Wax Market Report Segments:

The global Car Polish and Car Wax market is segmented on the basis of:

Types

Natural Car Polish and Car Wax, Synthetic Car Polish and Car Wax

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Passenger Car, Commercial Vehicle

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Turtle Wax
  2. 3M
  3. Henkel
  4. SONAX
  5. Northern Labs
  6. Malco Products
  7. Mother’s
  8. Bullsone
  9. Prestone
  10. Darent Wax
  11. Biaobang
  12. Chief
  13. Tetrosyl (CarPlan)
  14. SOFT99
  15. Milwaukee Tool
  16. Makita
  17. Festool
  18. Stanley Black & Decker
  19. Chervon
  20. Bosch
  21. Hitach Koki
  22. SHANGHAI KEN TOOLS
  23. Meguiar's
  24. Griot's Garage
  25. NOBLE

Global Car Polish and Car Wax Market Overview


Highlights of The Car Polish and Car Wax Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Natural Car Polish and Car Wax
    2. Synthetic Car Polish and Car Wax
  1. By Application:

    1. Passenger Car
    2. Commercial Vehicle
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Car Polish and Car Wax Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Car Polish and Car Wax Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Car polish is a type of car wax. It is a liquid that is used to clean and protect the paint on a car. Car wax is also used to clean and protect the paint on a car.

Some of the key players operating in the car polish and car wax market are Turtle Wax, 3M, Henkel, SONAX, Northern Labs, Malco Products, Mother¢â‚¬â„¢s, Bullsone, Prestone, Darent Wax, Biaobang, Chief, Tetrosyl (CarPlan), SOFT99, Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE.

The car polish and car wax market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Car Polish and Car Wax Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Car Polish and Car Wax Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Car Polish and Car Wax Market - Supply Chain
   4.5. Global Car Polish and Car Wax Market Forecast
      4.5.1. Car Polish and Car Wax Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Car Polish and Car Wax Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Car Polish and Car Wax Market Absolute $ Opportunity

5. Global Car Polish and Car Wax Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Car Polish and Car Wax Market Size and Volume Forecast by Type
      5.3.1. Natural Car Polish and Car Wax
      5.3.2. Synthetic Car Polish and Car Wax
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Car Polish and Car Wax Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Car Polish and Car Wax Market Size and Volume Forecast by Application
      6.3.1. Passenger Car
      6.3.2. Commercial Vehicle
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Car Polish and Car Wax Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Car Polish and Car Wax Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Car Polish and Car Wax Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Car Polish and Car Wax Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Car Polish and Car Wax Demand Share Forecast, 2019-2026

9. North America Car Polish and Car Wax Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Car Polish and Car Wax Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Car Polish and Car Wax Market Size and Volume Forecast by Application
      9.4.1. Passenger Car
      9.4.2. Commercial Vehicle
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Car Polish and Car Wax Market Size and Volume Forecast by Type
      9.7.1. Natural Car Polish and Car Wax
      9.7.2. Synthetic Car Polish and Car Wax
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Car Polish and Car Wax Demand Share Forecast, 2019-2026

10. Latin America Car Polish and Car Wax Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Car Polish and Car Wax Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Car Polish and Car Wax Market Size and Volume Forecast by Application
      10.4.1. Passenger Car
      10.4.2. Commercial Vehicle
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Car Polish and Car Wax Market Size and Volume Forecast by Type
      10.7.1. Natural Car Polish and Car Wax
      10.7.2. Synthetic Car Polish and Car Wax
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Car Polish and Car Wax Demand Share Forecast, 2019-2026

11. Europe Car Polish and Car Wax Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Car Polish and Car Wax Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Car Polish and Car Wax Market Size and Volume Forecast by Application
      11.4.1. Passenger Car
      11.4.2. Commercial Vehicle
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Car Polish and Car Wax Market Size and Volume Forecast by Type
      11.7.1. Natural Car Polish and Car Wax
      11.7.2. Synthetic Car Polish and Car Wax
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Car Polish and Car Wax Demand Share, 2019-2026

12. Asia Pacific Car Polish and Car Wax Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Car Polish and Car Wax Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Car Polish and Car Wax Market Size and Volume Forecast by Application
      12.4.1. Passenger Car
      12.4.2. Commercial Vehicle
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Car Polish and Car Wax Market Size and Volume Forecast by Type
      12.7.1. Natural Car Polish and Car Wax
      12.7.2. Synthetic Car Polish and Car Wax
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Car Polish and Car Wax Demand Share, 2019-2026

13. Middle East & Africa Car Polish and Car Wax Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Car Polish and Car Wax Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Car Polish and Car Wax Market Size and Volume Forecast by Application
      13.4.1. Passenger Car
      13.4.2. Commercial Vehicle
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Car Polish and Car Wax Market Size and Volume Forecast by Type
      13.7.1. Natural Car Polish and Car Wax
      13.7.2. Synthetic Car Polish and Car Wax
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Car Polish and Car Wax Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Car Polish and Car Wax Market: Market Share Analysis
   14.2. Car Polish and Car Wax Distributors and Customers
   14.3. Car Polish and Car Wax Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Turtle Wax
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. 3M
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Henkel
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. SONAX
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Northern Labs
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Malco Products
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Mother’s
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Bullsone
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Prestone
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Darent Wax
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Biaobang
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Chief
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Tetrosyl (CarPlan)
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. SOFT99
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Milwaukee Tool
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Makita
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Festool
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Stanley Black & Decker
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Chervon
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Bosch
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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